The oil downturn is good for one sector of the industry: Automated drilling...
Manufacturers of automated drilling and down-hole equipment, sensors and oil field monitoring devices say they're getting more equipment orders and more oil executives are swinging by their booths to...
View ArticleAs OTC winds down, movers gear up to put it all away
“We have about two weeks to set it up and, essentially, four days to take it out,” said the general manager of the company that sets up and breaks down OTC.
View ArticleDrilling simulators the hot seats at OTC
The two were controlling one of the many simulations at the conference that allows attendees to step off the conference floor and into some of the most technical jobs in the oil industry, ranging from...
View ArticleOTC attendance falls by 14,900 amid oil slump
About 140,000 oil and gas workers have lost their jobs since the price of oil began to fall from its high in June 2014.
View ArticleOTC: Robots and automation offshore create new safety and cyber risks
Increasing computerization and automation offshore open up the possibility of dangerous disruptions, driven by errant software updates and plugged-in flash drives. One incident has already taken place.
View ArticleHigh school students get a glimpse of the oil and gas life at OTC
Students from nearby high schools enjoyed a morning off of their regular studies to see the opportunities in oil and gas.
View ArticleOTC: Offshore drilling regulators want industry input on ‘next steps’ for...
The Bureau of Safety and Environmental Enforcement will hold a workshop on the issue on July 29 in Houston aimed at getting ideas for how to strengthen the safety and environmental management systems...
View ArticleDealmaking declines at OTC
Lower oil prices turned the tide at the 2015 Offshore Technology Conference, as attendance and enthusiasm for bargaining ebbed from last year's highs.
View ArticleVideo: Lightning strike sparks huge natural gas blaze in Denton
Denton city spokeswoman Lindsey Baker says firefighters extinguished the blaze early Friday. Nobody was hurt.
View ArticleOTC’s smaller d5 lineup looks for a big change
D5's focus is on ideas, said event host Helge Haldorsen, a Statoil and industry group executive, and d5 looked for some of the biggest ones outside of the oil and gas industry.
View ArticleOTC opens amid industry downturn
Thousands of energy professionals began pouring into Houston’s NRG Center on Monday for the week-long Offshore Technology Conference, a massive oil-and-gas expo littered with flashy model rigs,...
View ArticleOTC Commentary: Transforming oilfield services to cut costs, improve efficiency
Jean Francois Poupeau, executive vice president of corporate development & communications at Schlumberger, writes about changes in the service industry.
View ArticleCould a better ketchup bottle save the oil industry billions of dollars?
An uber-slippery coating named LiquiGlide, it could be applied inside of pipelines and other equipment to reduce the buildup of oil, said Kripa Varanasi, a professor at the Massachusetts Institute of...
View ArticleChevron OTC commentary: Don’t overlook promise of natural gas
A Chevron executive writes that while oil is likely to steal the spotlight at the OTC this week, the industry cannot underestimate the promise and potential of natural gas.
View ArticleAnadarko OTC commentary: Extensive Gulf infrastructure creates network for...
Anadarko's CEO sees continued opportunity in the deep-water Gulf of Mexico.
View ArticleApache, BP and others expand in emerging Egypt
Houston-based Apache Corp. focused on growing in U.S. shale plays and selling most of its international assets. But now that the oil bust is in full bloom, especially in North America, Apache's chief...
View ArticleThese mini models at OTC are a big hit
Those gathered at this week’s Offshore Technology Conference get to exchange big ideas and view even bigger machines. But for those who want to show off every aspect of a giant piece of equipment,...
View ArticleThe biggest machines at OTC 2016
OTC 2016 has been the site of some big ideas and bigger discussions about the future of the oil and gas industry during one of the biggest oil busts in decades. However, it’s the machines themselves...
View ArticleExecutives see the future of offshore and it is standardized
Deep-water drillers, fighting to stay alive in a world of $50 oil, are looking to science to do more than just cut costs, save time and boost oil production. They want to standardize technology....
View ArticleOTC Fashion: All the news that fits
The Norwegian publishers of “Upstream,” a weekly oil and gas journal, wanted to stand out at the Offshore Technology Conference, amid the hundreds of booths that compete for attention of...
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